Blockworks • Nov 14, 24
Sling Money opens ‘global Venmo’ to US users
The app was conceived as a global equivalent to Venmo that uses the Solana network and Paxos’ USDP stablecoin
Read more
USDP Stablecoin (USDP) is not tradable on Coinbase.
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
USDP Stablecoin Price (USDP)
Market stats
USDP Stablecoin is on the rise this week. ↗
The price of USDP Stablecoin has increased by 0.03% in the last hour and increased by 0.09% in the past 24 hours. USDP Stablecoin’s price has also risen by 0.09% in the past week. The current price is $1.00 per USDP with a 24-hour trading volume of $1.88M. Currently, USDP Stablecoin is valued at 22.12% below its all time high of $1.29. This all-time high was the highest price paid for USDP Stablecoin since its launch.
The current circulating supply of USDP Stablecoin is 0 USDP which means that USDP Stablecoin has as total market cap of $0.00.
Overall
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
Data unavailable
TVL
Not enough data
Circulating
Data unavailable
Max Supply
$106,388,842.00
Price & Volume changes
Volume (24h)
$1,881,421.39
↗ 4.22%
Volume (30D)
$66,197,182.60
Volume (7D)
$12,618,960.71
Benchmarks
All time high
$1.29
Performance (1Y)
↗ 0.17%
Vs. Market (1Y)
↘ 2.66%
Vs. BTC (1Y)
↘ 17.98%
Vs. ETH (1Y)
↗ 94.94%
FDV
$106,516,172.55
Additional info about USDP Stablecoin
Networks
Ethereum:;
0x1456688345527bE1f37E9e627DA0837D6f08C925
FAQ
USDP Stablecoin (USDP) is a cryptocurrency token that operates on the Ethereum platform. It is a type of digital asset that aims to maintain a stable value relative to the US dollar, hence the term "stablecoin". USDP is part of the Unit Protocol, a system that allows users to use a wide range of tokens as collateral to borrow liquidity in the form of USDP. The value of USDP strives to be stable, with the last known price being approximately 1 USD. The supply of USDP is dynamic, with the current supply standing at over 106 million tokens.
USDP Stablecoin operates within the Unit Protocol, a permissionless lending and borrowing protocol with elastic interest rates. The protocol allows users to use their ERC-20 tokens and Non-Fungible Tokens (NFTs) as collateral to borrow liquidity. This means that users can leverage their existing crypto assets to mint USDP Stablecoin. The protocol is designed to be simple and aims to provide safety for users, offering a flexible way to obtain liquidity from a large variety of crypto assets. The use of the borrowed USDP is entirely up to the user, providing a wide range of opportunities to utilize their crypto assets.
USDP Stablecoin has a variety of potential use cases. It can be used as a medium of exchange, a unit of account, or a store of value, similar to traditional fiat currencies. However, it also has unique use cases in the crypto space. For instance, it can be used to borrow more tokens, stake in projects, or convert to other assets. Furthermore, it can be used in conjunction with NFTs to generate yield or as a tool for liquidity. The Unit Protocol also offers tools for fundraising, events and ticketing, and access NFTs, providing additional services and benefits to users.
USDP Stablecoin is a product of the Unit Protocol, a decentralized borrowing protocol that allows users to mint stablecoins using a variety of crypto assets as collateral. The protocol strives to provide solutions for users to obtain liquidity from a large variety of crypto assets. The history of USDP Stablecoin is closely tied to the development and evolution of the Unit Protocol. The protocol has grown to support over 160 different tokens as collateral for minting USDP, showing its ability to accommodate a variety of tokens in the rapidly evolving crypto space.
We update our USDP Stablecoin to USD currency in real-time. Get the live price of USDP Stablecoin on Coinbase.
The current market cap of USDP Stablecoin is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of USDP Stablecoin is $1.29. This all-time high is highest price paid for USDP Stablecoin since it was launched.
Over the last 24 hours, the trading volume of USDP Stablecoin is $1.88M.
Assets that have a similar market cap to USDP Stablecoin include LBK, Lester, BEBE, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of USDP Stablecoin is 0.
USDP Stablecoin Price History
Date | Price | Change |
|---|---|---|
Today (March 14, 2025) | $1.00 | +0.09% |
24 hours ago (March 13, 2025) | $1.00 | +0.09% |
1 week ago (March 7, 2025) | $1.00 | +0.09% |
1 month ago (February 14, 2025) | $1.00 | +0.11% |
1 year ago | $1.00 | +0.17% |
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USDP Stablecoin Calculator
Reading List
Blockworks • Oct 10, 24
Stripe reintegrates crypto payments in the US
Customers can pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, while US-based merchants are paid in dollars
Read more
The Block • Aug 14, 24
Sling Money, a stablecoin-based global payment app, raises $15 million in Series A
Sling Money converts fiat currency to USDP and then back again in order to complete transfers between around the world.
Read more
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